Analysis 20-01-23

This blog post explains V-Power entries within Golden Setups.

V-Power is a trading system with automation possibilities that gives you an edge over the market. To achieve a much higher winning percentage you can combine high probability setups with V-Power e.g. Golden Setups.

Here you can read everything about the V-Power system and download a free version: V-Power System Explanation + FREE Version

Here is a detailed explanation how you can get a huge edge over the market by using Golden Setups: Golden Setups explained

 

 

V-Power setup signal within possible Golden Setup occurred recently

GBPUSD

GBP/USD on D1 time frame keeps lower as the pound stays pressurized during the last 23 days. This pair has fallen below its key level support @ 1.2989.

In terms of support levels, there is mild support next around 1.2989 (labeled with dotted line) and major support around 1.2194 and 1.1957.

 

 

Looking at the 4 hour chart, it see a move towards support around the 1.2989 a level that the pair has bounced off twice over the past two weeks of trading.

I want to focus on bounce #1(labeled with red circle) to show you the live signals produced by the EA and thus know where to enter.

 

For remembering:

  • upward move = Section 1 (>0 degrees and < 30 degrees)
  • steep upward move = Section 1 (>= 30 degrees and <=45 degrees)
  • very steep upward move = Section 2 (>45 degrees to 90 degrees)
  • downward move = Section 3 (>330 degrees and <360 degrees)
  • steep downward move = Section 3 (<= to 330 degrees and >= 315 degrees)
  • very steep downward move = Section 4 (<315 degrees to 270 degrees).

Looking at the 1 hour chart, you can see three trend lines:

  1. The initial move is the first trend line (labeled with solid red line) placed in the section 3 with 343 degrees. Downward move.
  2. The second move is the second trend line (labeled with solid orange line) placed in the section 3 with 338 degrees. Downward move.

This second move was enough for hit and penetrate the major support @1.2989.

The MACD Divergence Box Indicator detected a bullish divergence (green rectangle). This bullish divergence (green rectangle) developed at the support level on January 13th which already gave a signal that a reversal to the upside is about occur. You can also see double V-Formation one day after (January 14th) which are pushing the price higher. The PTS_V_Power_EA confirmed a Long Signal as well (labeled with big black arrow).

 

Take a few minutes to watch this video about the two live signals from EA on GBPUSD

 

 

Signals V_Power_Setup and Possible Golden Setup at the moment

The following signals were get from MT4 alerts on January 22th and January 23th in real-time when a possible entry signal was created.

I recommend do the setps mentioned below:

 

V_Power_Setup:

Chek all rules.

Rule #1: Search only for V-Power Setups after a day which closes near the high / low of the day!

Rule #2: A tight range must develop during the Asian session with a duration of 10+ hours!

Rule #3: An additional move out of the tight range in direction of the previous day must develop

Rule #4: Choose only those entry signals which occur at least 20 hours after the tight accumulation range started

Rule #5: Choose only those entry signals which occur at least 5 hours before the trading day ends

 

Golden Setup:

  1. Switch to D1: Check major supports and major resistances with PTS_SuppRes_MTF_Indi indicator
  2. Switch to H4: Check major supports and major resistances with PTS_SuppRes_MTF_Indi PTS_SuppRes_MTF_Indi indicator
  3. Switch to H1:
    1. Check steep upward / downward trend line on H1
    2. Check matured upward / downward trend on H1
    3. Check 3 -Days - Cycle + Climatic moves on H1
    4. Ckeck regular divergence on H1 with PTS_MACD_Divergence_Box_Indi indicator
    5. Ckeck V- Formation on H1
    6. Check Sharply and Reversal moves on H1
  1. Switch to M30
    1. Check steep upward / downward trend line on M30
    2. Check matured upward / downward trend on M30
    3. Check 3 -Days - Cycle + Climatic moves on M30
    4. Ckeck regular divergence on M30 with PTS_MACD_Divergence_Box_Indi indicator
    5. Ckeck V- Formation on M30
    6. Check Sharply and Reversal moves on M30

 

V_Power_EA Possible SHORT on GER30.

Sell signal labeled with black arrow and red circle.

 

 

V_Power_EA Possible SHORT on US100.

Sell signal labeled with black arrow and red circle.

 

 

V_Power_EA Possible SHORT on US30.

Buy signal labeled with black arrow and red circle.

 

V_Power_EA Possible SHORT on US500

Sell signal labeled with black arrow and red circle.

V_Power_EA Possible SHORT on GBPNZD

Sell signal labeled with black arrow and red circle.

V_Power_EA Possible LONG on AUDCHF (DOUBLE SIGNAL)

Sell signal labeled with black arrow and red circle.

 

V_Power_EA Possible LONG on AUDJPY

Sell signal labeled with black arrow and red circle.

 

 

 

 

Here you can read everything about the V-Power system and download a free version: V-Power System Explanation + FREE Version

By joining the V-Power community you will get access to a very active private telegram group with experienced members: Join the V-Power Community

 

 

About Me

I'm Mike Semlitsch the inventor of the PerfectTrendSystem. I'm in the trading business since 2007. Helping other traders to succeed in trading is my passion. The PerfectTrendSystem is the result of more than 30,000 hours of hard work. Connect With Me:  

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